China Minsheng Banking Corp., Ltd. received the Approval of China Banking and Insurance Regulatory Commission in relation to the Appointment Qualification of Yang Xiaoling of China Minsheng Bank (Yinbaojianfu [2021] No. 195), which approved the qualification of Mr. Yang Xiaoling as a non-executive director of the Company. In accordance with the relevant requirements, Mr. Yang Xiaoling acts as non-executive director of the Company and member of Compensation and Remuneration Committee under the board of directors with effect from 16 March 2021.